ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Markets/ForexArticle

Ransomware group auctions Berlin government data after ransom refusal

Rhysida group offers 5.79TB of stolen Berlin data for 30 bitcoins after city authorities declined to pay. Mayor and interior senator reaffirm no extortion compliance.

SL
Sophie Laurent · FX & Rates Desk · 2 Sept 2026 · 20:26 · 1 min read
Share
Ransomware group auctions Berlin government data after ransom refusal

A ransomware group identified as Rhysida has initiated an auction for data stolen from Berlin government agencies, following the city’s refusal to meet ransom demands. The group is offering 5.79 terabytes of compromised data, including 46,500 contracts, emails, phone numbers, passwords, and classified information, with a starting bid of 30 bitcoins, equivalent to approximately $77,622.

The auction was launched on the group’s website, where a countdown timer indicated slightly less than seven days remaining for bids. The announcement came one day after Berlin authorities received a ransom demand, which was disclosed in a joint statement by Mayor Kai Wegner and Interior Senator Iris Spranger. In the statement, the officials declared that the state of Berlin would not submit to extortion, reaffirming a firm stance against ransom payments.

Euro / US Dollar

EURUSD
Full profile →
1.1580▲ 0.00%
As of 02/09/2026, 09:40:07

Kai Wegner stated in a press conference that authorities could not yet provide details on the full scope of the breach, as investigations into the extent of the compromised data remained ongoing. Iris Spranger separately confirmed that the city’s electoral infrastructure had not been affected and that, according to security authorities, no election-related data had been compromised. The cyberattack occurred less than a month before Berlin’s city-state elections scheduled for September 20, 2026.

Cybercrime research platform eCrime.ch reports that the Rhysida group has claimed responsibility for nearly 280 attacks since its emergence in June 2023. The group is believed to operate from Russia or Eastern Europe, though its exact origins remain unverified.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
SL
Written by
Sophie Laurent
FX & Rates Desk

Sophie covers currency markets and central bank policy across Europe, with a focus on how rate decisions ripple through FX pairs. She has been tracking the ECB's policy path since the start of the current easing cycle.

More from Sophie Laurent →
ADVERTISEMENT
ADVERTISEMENT